Attached please find below text as PDF file. Dampskibsselskabet ”NORDEN” A/S _______________________________________________________________________________ OMX Nordic Exchange Copenhagen A/S Announcement no. 8 Nikolaj Plads 6 10 March 2008 1067 Copenhagen K Page 1 of 4 Dampskibsselskabet ”NORDEN” A/S Statement of D/S ”NORDEN”s Leading Employees' and Elected Employee Representatives' as well as Their Closely Related Parties' Transactions with D/S ”NORDEN” A/S's Shares and Related Securities As reported today in NORDEN's Annual Report, NORDEN has established an option programme for leading employees and other key employees, in total 50 employees. Each share option entitles the recipient to acquire one share denominated DKK 1 in NORDEN. The share options may be exercised in the period from 10 March 2010 to 10 March 2012. The exercise price of the options is determined as the five-day average of the market price following 10 March 2008, less all dividend payments after 10 March 2008 and plus an effective interest rate of 8% p.a. until any exercise. These are the same conditions which apply to the option programme the Company established for 40 employees in March 2007. According to section 28A of the Danish Securities Trading Act, the Company shall report the following information about the Company's Senior Executives' and their families' transactions with the Company's shares and relevant securities: Name: Carsten Mortensen Occasion: President & CEO Issuer: Dampskibsselskabet ”NORDEN” A/S ISIN code: DK0010269844 Description: Shares Transaction: Allotment of share options Commercial date: 10 March 2008 Market: OMX Nordic Exchange Copenhagen A/S Number: 72,440 Market value of underlying shares in DKK: 37,741,240 Holding after the transaction: 24,553 shares and 259,240 options Name: Ivar Hansson Myklebust Occasion: Executive Vice President & CFO Issuer: Dampskibsselskabet ”NORDEN” A/S ISIN code: DK0010269844 Description: Shares Page 2 of 4 Transaction: Allotment of share options Commercial date: 10 March 2008 Market: OMX Nordic Exchange Copenhagen A/S Number: 43,180 Market value of underlying shares in DKK: 22,496,780 Holding after the transaction: 1,000 shares and 85,180 options Name: Jacob Meldgaard Occasion: Executive Vice President Issuer: Dampskibsselskabet ”NORDEN” A/S ISIN code: DK0010269844 Description: Shares Transaction: Allotment of share options Commercial date: 10 March 2008 Market: OMX Nordic Exchange Copenhagen A/S Number: 39,980 Market value of underlying shares in DKK: 20,829,580 Holding after the transaction: 45,873 shares and 142,600 options Name: Lars Bagge Christensen Occasion: Senior Vice President Issuer: Dampskibsselskabet ”NORDEN” A/S ISIN code: DK0010269844 Description: Shares Transaction: Allotment of share options Commercial date: 10 March 2008 Market: OMX Nordic Exchange Copenhagen A/S Number: 27,820 Market value of underlying shares in DKK: 14,494,220 Holding after the transaction: 2,373 shares and 98,760 options Name: Lars Lundegaard Occasion: Senior Vice President Issuer: Dampskibsselskabet ”NORDEN” A/S ISIN code: DK0010269844 Description: Shares Page 3 of 4 Transaction: Allotment of share options Commercial date: 10 March 2008 Market: OMX Nordic Exchange Copenhagen A/S Number: 17,380 Market value of underlying shares in DKK: 9,054,980 Holding after the transaction: 253 shares and 62,200 options Name: Kristian Wærness Occasion: Senior Vice President Issuer: Dampskibsselskabet ”NORDEN” A/S ISIN code: DK0010269844 Description: Shares Transaction: Allotment of share options Commercial date: 10 March 2008 Market: OMX Nordic Exchange Copenhagen A/S Number: 15,640 Market value of underlying shares in DKK: 8,148,440 Holding after the transaction: 253 shares and 53,740 options Name: Martin Badsted Occasion: Senior Vice President Issuer: Dampskibsselskabet ”NORDEN” A/S ISIN code: DK0010269844 Description: Shares Transaction: Allotment of share options Commercial date: 10 March 2008 Market: OMX Nordic Exchange Copenhagen A/S Number: 13,900 Market value of underlying shares in DKK: 7,241,900 Holding after the transaction: 1,253 shares and 40,840 options Name: Vibeke Schneidermann Occasion: Senior Vice President Issuer: Dampskibsselskabet ”NORDEN” A/S ISIN code: DK0010269844 Description: Shares Page 4 of 4 Transaction: Allotment of share options Commercial date: 10 March 2008 Market: OMX Nordic Exchange Copenhagen A/S Number: 5,660 Market value of underlying shares in DKK: 2,948,860 Holding after the transaction: 253 shares and 20,660 options Name: Ole Clausen Occasion: Employee representative to the Board of Directors Issuer: Dampskibsselskabet ”NORDEN” A/S ISIN code: DK0010269844 Description: Shares Transaction: Allotment of share options Commercial date: 10 March 2008 Market: OMX Nordic Exchange Copenhagen A/S Number: 2,320 Market value of underlying shares in DKK: 1,208,720 Holding after the transaction: 253 shares and 8,940 options The theoretical Black-Scholes value of each of the options is DKK 93.90 based on the price of the shares of the Company as per close on Friday 7 March. The value is an estimate as the exercise price will be determined as the five-day average of the market price from 10 March 2008. The estimated value is calculated based on the following assumptions: that all options are exercised at the earliest time possible, a volatility of 42.7%, an annual dividend rate of DKK 35 per share, and a risk free interest rate of 3.57%. Kind regards, Dampskibsselskabet ”NORDEN” A/S Ivar Hansson Myklebust Executive Vice President & CFO Contact at tel. +45 3315 0451: Ivar Hansson Myklebust, Executive Vice President & CFO. _______________________________________________________________________________ Dampskibsselskabet ”NORDEN” A/S 49, Amaliegade DK-1256 COPENHAGEN K www.ds-norden.com
Statement of leading employees', elected employee representatives' and their closely related parties' transactions with NORDEN's shares
| Source: Dampskibsselskabet NORDEN A/S